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Pams company wants to get rid of an old company car, but they need to know the book value first. The car was originally purchased

Pam’s company wants to get rid of an old company car, but they need to know the book value first. The car was originally purchased for $32,000. The accumulated depreciation is $12,000. This car was expected to have a 5-year useful life. What is the book value of this car?

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